Fool.com contributor Parkev Tatevosian reviews Amazon's (AMZN 4.42%) latest financial update and upgrades Amazon stock to a buy.
*Stock prices used were the afternoon prices of Aug. 6, 2023. The video was published on Aug. 8, 2023.
Amazon Stock Is Back in My Good Graces After a Fantastic Quarter
By Parkev Tatevosian, CFA – Aug 9, 2023 at 5:00AM
NASDAQ: AMZN
Amazon
Market Cap
$2.4T
Today's Change
(-4.42%) $10.29
Current Price
$222.58
Price as of November 18, 2025 at 3:58 PM ET
Amazon is smartly cutting costs while growing revenue.
About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.